Mar 24, 2011 6:00pm PDT
argues that the arab states will be alienated if nato led the mission. but the u.s., italy, and britain have been pushing for nato to take over the operation. william hayes said that a unified command is necessary -- william hague said that a unified command is necessary. meanwhile, rebel forces in libya's third largest city say they have killed 30 loyalists snipers. troops loyal to gaddafi have been in the hospital. there are also reports of heavy fighting in northern east. >> more and more civilians are leading the stern -- are leading the eastern town as heavy gunfire continues between troops and rebels. >> this situation is getting worse and worse. god will punish those who are responsible for this. >> on thursday, libyan state tv showed footage of damage caused by overnight air strikes. officials say that a western bombs destroyed a military base in tripoli. france has since confirmed that dozens of coalition planes were indeed in operation over the country. libyan tv also showed injured people being admitted to hospital. libyan authorities said that 18 people were killed in the st
Mar 3, 2011 6:00pm PST
strike on a key oil port. investigators in germany believe the fatal gun attack on two u.s. airmen in frankfurt airport was politically motivated. and and ecb interest rate hike is on the horizon as the bank frets over mounting inflation. ♪ >> france and britain say there will support a no-fly zone over libya if the situation there gets worse. the french foreign ministry says the two countries plan to do everything they can to increase pressure on moammar gaddafi. the libyan leader once more airstrikes on the rebels thursday morning. witnesses say warplanes bombed an oil port. the rebels have appealed for outside help, asking for u.n.- backed airstrikes to end the conflict. >> in the battle zone town, rebels are burying the dead. thousands turned out to join the funeral procession. there are mercenaries hired by gaddafi. they're preparing for new attacks on their town, a strategic seaport with key oil facilities, after recent air strikes, a ground attack by gaddafi's troops appears imminent. >> we're ready to face gaddafi's men. our scouts are telling us they are headed this way.
Mar 7, 2011 6:00pm PST
the bangladeshis to go back to their country. >> it could take up to five days. >> meanwhile in afghanistan, u.s. secretary of defense robert gates has apologized to president hamid karzai for the accidental deaths of children last week, six days after u.s. helicopter crews killed nine boys mistaken for taliban fighters. it's also discussed the future of the u.s. military in afghanistan, expected to be withdrawn by the end of 2014. a small contingent will remain to help train afghan security forces. the unrest going on in africa and the middle east is causing chaos with oil prices. >> causing major worries about economic growth. oil prices in london and new york spiking higher on monday on concerns over wider supply disruptions in the middle east and north africa. the recent sharp spike in prices and worries over what may come has prompted the united states to continue tapping its emergency oil reserves. >> as oil prices soar, industrial countries around the world are deciding whether they should tap into their reserves. the u.s. consumes more than 19 million barrels of oil every day, more than
Mar 8, 2011 6:00pm PST
boosted by the recovery of the u.s. car market and continued demand by china. they remain cautiously optimistic about the rest of the year because of rising commodities prices and the general uncertainty on the financial markets. >> let's check in on tuesday's market action, starting off in frankfurt. they just managed tubino calledn to the slight gains of the day. -- they just managed to hold on to the slight gains of the day. in the last hour of trading, the dow is up to 12 belsen to madrid and 30 points. the euro is trading -- 12,000 two hundred 30 points. the euro is trading lower against the dollar. the recovery will continue and it will become more broadbased. that was at the last formal appearance has president. he will present the 2010 results. the man once touted as the next head of the european central bank finally shed some light on his plans for the future. >> and president presented the central bank's annual results for the last time on tuesday. they were not as good as they have been in the past. in the late 1990's, the bank posted profits of up to 12.4 billion euros. t